Tag Archives: emerging economies

Is concentrated solar power getting any cheaper? And what role can policy play in bringing costs down?

January 22, 2014 |

 

In the past, renewable energy technologies have been much more expensive than their fossil fuel competitors but costs of wind and solar have come down after public support has deployed them at scale. In fact, costs of solar photovoltaic power plants have decreased roughly 20% and wind power plants 15% every time installed capacity has doubled.

For concentrated solar power (CSP), experts have projected a cost reduction of 10-15% for every doubling of capacity. However, new CPI analysis shows that CSP has not demonstrated cost reductions at the global level with increased deployment over the last five years, but it has done so in some regions for some CSP technologies.

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China at an energy crossroads

April 29, 2013 |

 

As the second largest economy in the world, China’s energy demand is growing at a speed never seen before, representing more than 80% of the growth in both oil and coal consumption internationally in the past few years. When a country is developing at this scale, anything it does will have huge implications on a variety of global issues, from energy markets, commodity prices, energy security, to climate change.

However, people trying to understand what energy path the country is heading toward are often puzzled by the complexity of the picture: On the one hand, the country is the biggest emitter and the largest net importer of coal. On the other, China also leads renewable energy manufacture and installation, and has helped push down the cost of renewable generation globally.

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What’s Next for Green Growth?

October 22, 2012 |

 

For a long time, international climate negotiations have been viewed as the cornerstone of global efforts to both curb climate change and support green growth. But the assumptions that launched the negotiations 20 years ago no longer hold true. New economies have grown in size and standing; they are no longer interested in following, but in leading. This is reflected on the ground as negotiations fail to make progress at the scale and pace that the climate challenge requires.

Despite lackluster progress towards a global accord, there are bright spots all over the world. Emerging nations such as China, Brazil, Indonesia, and India have been working seriously to explore the transition to clean economies. Many developed nations have taken a leadership role in reducing emissions or pursuing clean energy, are exploring innovative policies, and are supporting efforts of developing nations.

If we pay attention and learn from these bright spots, we may find that there are productive opportunities to advance our goals, and that in fact, there may be opportunities to reframe negotiations to build from these efforts.

At CPI we see three important ways to advance the next phase of green growth. And as an organization dedicated to finding and fast-tracking effective climate policies, we’re supporting all three around the world:

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